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FSU Oil Trade in March 2013

Source: OPEC 4/17/2013, Location: Asia

In February, total crude oil exports from the former Soviet Union increased by 256 tb/d or 4% to average 6.4 mb/d. Crude exports through Russian pipelines increased by 109 tb/d or 3% to average 4.1 mb/d. Shipments from the Druzhba pipeline to central and eastern Europe increased by 85 tb/d or 9% to average 1.0 mb/d. Black Sea exports increased by 164 tb/d or 25% to average 831 tb/d, while exports from the Baltics declined by 160 tb/d or 10% to average 1,476 tb/d in February.

Loadings from the CPC blend rose 77 tb/d or 12% from January to average 707 tb/d. FSU total product exports rose by 266 tb/d or 9% from the previous month to average 3,208 tb/d. This increase was mainly supported by increased volumes of gasoil and fuel oil as the exports of both products rose by 141 tb/d and 87 tb/d, respectively. On the other hand, gasoline was the only product that had declined in its exports in January by 23 tb/d or 15% from the previous month.

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